Supreme Court Quashes Criminal Proceedings in Movie Investment Dispute Under Section 420 IPC Due to Lack of Dishonest Intention at Inception. Investment in movie production with profit-sharing agreement constitutes civil dispute, not cheating, as movie-making involves inherent risk and promise was fulfilled, with dishonoured cheques issued for existing obligation, not inducement.
19 Mar 2026The appeal arose from a criminal case where the appellant, a movie producer, borrowed funds from the second respondent on the promise of sharing profi...
